Consumers can conduct banking anywhere as long as they have a computer (not necessarily their own computer) and a modem.

Consumers can download account information into their own choice programs rather than following the dictates of the service provider.

How is Internet banking Different from Online Banking?1. Pay Your Bills Online2. View Your Transactions3. Transfer Money between Accounts4. Protect Yourself OnlineAdvantages of Online Banking“He that is of the opinion money will do everything may well be suspected of doing everything for money.”

--- Benjamin Franklin

World Wide Web- based Banking allows banks to bypass subscriber-based online services and reach the customer's browser directly through the World Wide Web.What is World Wide Web- based Banking?

Banking and Finance>Financial sectors of the general economy to prepare individuals to engage in financial or banking services. Includes bank management, investments, and loan analysis and management.HISTORY OF BANKINGTypes of Banks.1. Commercial banks differ from investment banks2. Investment bank raises capital for businesses.3. Consumer Bank such as a credit union or savings bank.4. Financial services provided by banks. 5. Private banks. Basic types and functions of banking servicesBanking services are divided into three categories:- Services for individuals or individuals- Services for businesses- Services for banks.

CHANGES IN BANKING AND FINANCEEarliest Forms of BankingBanking and Finance A. CHANGES IN BANKING AND FINANCE

>The 1970s and 1980s brought us the rise of the ATM. Consumers became acquainted with online banking during the 1990s and the first decade of the 2000s. The 2010s are shaping up as the era of mobile banking.CHANGES IN BANKING AND FINANCEOur Financial Future: How Banking and Money Will ChangeWhat about this????>No more paper money by 2043? From 3-D banking to digital currency, a look at commerce in the future.What is A Competitive Environment? A competitive environment is where there are several similar firms that are competing for the same market segment. These firms normally produce products of the same nature and form and whose uses are more or less the same. Advantages to Competition• Nothing motivates a company more than having competition!

• Marketing efforts from competition can increase your sales as well! Disadvantages to having CompetitionHome BankingHome banking generally refers to either banking over the telephone or on the internet.NEW COMPETITIVE ENVIRONMENTANDHOME BANKING

• More competition means fewer sales as the other companies take some market share.• Competitors can become allies with other competitors and become more powerful in the market• Competitors can take away potential investors or buyers. • Competitors can be fierce!IMPLEMENTING HOME BANKING

Employee Actions Affect Business SuccessEmployee Actions Affect Company FinancesEmployee behavior can affect firm’s financial outcomes, especially in its impact on operations and customer service. For instance, when quality and productivity decrease, there is an immediate impact on expenses if products must be destroyed, reworked or produced at higher cost. FINANCE SOFTWARE MARKETA type of computer software designed to help individuals manage their corporate finances and companies meet their accounting needs.

No more Late payments-Make Tax Time Easier-Track and analyze Investments

Intranet in Financial ManagementHuman Resource Strategyand Finance Software MarketReporter:Babymil ConeseReporter:Yves T. GabrielThankyou.by: Group 2Benefits of banking onlineHere are some benefits of doing your banking online:• You don`t have to wait in line.• You don’t have to plan your day around the bank`s hours.• You can look at your balance whenever you want.

Disadvantages of banking onlineHere are some disadvantages of doing your banking online:• Setting up an account may take time.• Learning difficulties.• Site changes and upgrades.

Corporate financeCorporate Finance is the area of finance dealing with the sources of funding and the capital structure of corporations and the actions that managers take to increase the value of the firm to the shareholders, as well as the tools and analysis used to allocate financial resources.Reporter: Joan RosalesReporter: Febrie San DiegoReporter: Adonis Quibedo Opening Remarksby:Febrie San DiegoOpen ForumClosing Remarksby:Prof. Mhel P. Garcia